Profit and Loss

Find the SP of a table whose CP is Rs. 3300 and sold at a loss of 10%.

• 2970

• Rs. 2970

• Rs. 29.70

• Rs. 297

The money which is paid by the purchase to buy an article is called

• Cost Price

• Selling Price

• Profit

• Loss

The Price at which an article is sold to the customer is called the

• Selling Price

• Cost Price

• Profit

• Loss

If the selling price of the article is more than its cost price, then the article is said to be sold

• at a profit

• at a loss

• Both

If the selling price of the article is less than its cost price, then the article is said to be sold

• at a loss

• at a profit

• Both

Gain or loss is expressed as a percentage of

• The cost price

• The selling price

• Profit

• Loss

If the profit is given to be 30% it means if the cost price is Rs. 100, the selling price is

• Rs. 30

• Rs. 70

• Rs. 100

• Rs. 130

If cost price is Rs. 500 and actual profit is Rs. 25 the profit percent is

• 10 %

• 15%

• 5%

• 25%

Shyam sold a book for Rs. 120 at a profit of Rs. 40, the cost price will be

• Rs. 40

• Rs. 80

• Rs. 120

• Rs. 160

What is the formula of Profit

• $profit\ =sp\ -cp$
  

• $profit\ =\ cp\ -\ sp$

• $profit\ =\ sp\ \times cp$

• $profit\ =\frac{sp}{cp}$